ANAF must close around 150 financial administration offices, more than a third of the 424 units currently making up its network. The agency’s restructuring program also includes layoffs and personnel relocation.

The IMF is monitoring 18 state money-losing companies. In late-March, their arrears amounted to 19.2 billion lei (EUR4.68 billion) and, according to the letter of intent, they must be reduced to RON18 billion by the end of the year. (EUR1=RON4.0997)